---
schema_version: "secwatch.filing_event.v1"
accession: "0001633917-26-000065"
form_type: "8-K"
ticker: "PYPL"
cik: "0001633917"
company_name: "PayPal Holdings, Inc."
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:24:12.587996+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PayPal Q1 revenue up 7% to $8.4B; GAAP EPS down 6% to $1.21, non-GAAP EPS up 1% to $1.34

## Summary
- GAAP operating income fell 3% to $1.5B; operating margin contracted 182 bps to 17.8%.
- TPV grew 11% to $464.0B; payment transactions up 7% to 6.5B.
- Active accounts flat at 439M, down 0.2M sequentially; free cash flow $0.9B.
- Board declared $0.14 per share dividend, payable June 25, 2026 to record holders June 4.
- New CEO Enrique Lores highlights steps to sharpen strategy and simplify organization.

## SEC filing metadata
- accession: 0001633917-26-000065
- form_type: 8-K
- ticker: PYPL
- cik: 0001633917
- company_name: PayPal Holdings, Inc.
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633917/000163391726000065/0001633917-26-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633917/000163391726000065/pypl-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001633917-26-000065
- JSON: https://secwatch.observer/filing/0001633917-26-000065.json
- Plain text: https://secwatch.observer/filing/0001633917-26-000065.txt

## Key facts
- Earnings Releases
  PayPal Holdings, Inc. reported first quarter ending March 31, 2026 results: revenue $8.4 billion, EPS $1.21.
  - Period: first quarter ending March 31, 2026
  - Revenue: $8.4 billion
  - EPS: $1.21
  - Result: reported results
  source text: put the company on a more durable path to long-term growth and shareholder value creation, and we are executing with urgency.” Enrique Lores President and CEO ————————————————————————————————————————————— 1Q'26 Financial Results • Net revenues increased 7% to $8.4 billion; 5% currency-neutral (“FXN”). • Transaction margin dollars 1 (“TM$”) increased 3% to $3.8 billion; TM$ excluding interest on customer balances 1,2 increased 3% to $3.5 billion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633917/000163391726000065/0001633917-26-000065-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.